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Get your taxes done using TurboTax
Perhaps I should reiterate that I started self-employment January 2, 2017. I expect to make a certain amount, and I believe I need to make quarterly payments so as to avoid penalty at the end of the year; however, there seems to be no way to do this. Am I even required to make payments if this year (2017) is my first year being self-employed? Do I need to submit my first payment April 15, 2017? Or do I just save my tax, set aside, and pay at the end of the year on 2017 tax return? Will I have to pay a penalty for not paying quarterly?
May 31, 2019
8:01 PM